January 4 - Expert Business Source - The slump in the housing market has caused many construction firms to hunker down. But for businesses looking to grow, the time may be right to consider a strategic acquisition. After all, the funny thing about cycles is that every downturn is followed, eventually, by an upswing.
“The housing market will come back – it’s not a matter of if, but when,” says John Dorey, senior managing director at investment banker RSM EquiCo, in Costa Mesa, Calif. “You can anticipate a lot of action back in the housing sector in Q1 or Q2. You’re already seeing little blips of it on Wall Street.”
Because a transaction can take several months to close, forward-thinking companies may want to think about casting around now for potential targets. “You don’t have to wait for the market to be boiling to get into it,” says Dorey, who leads EquiCo’s Specialty Construction Division. Read More.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment